Astronergy anticipates strong growth in utility projects in Brazil over the next few years , with battery storage being one of the factors capable of driving new photovoltaic demand in South America's largest market.
“Distribution demand never stopped or fell. In turn, we expect growth in Brazil to accelerate again, mainly driven by demand for battery storage,” explained Hugo Morera, technical manager for Astronergy in Latin America , in an interview with Energía Estratégica during The smarter E South America 2026 .
Although Astronergy does not participate directly in the BESS business and maintains its specialization exclusively in photovoltaic modules, the incorporation of batteries can also generate demand for solar panels associated with new developments.
The proposal coincides with a moment of growing prominence for storage in Brazil, both due to the interest in almost 296 GW for the BESS stand-alone auctions to be held in December, and also to reduce the renewable curtailment, which reached around 20% during 2025, accompanied by more than 640 million dollars in compensation.
Outside of the South American giant , new opportunities are emerging in other Latin American countries , so specialist Morera focused particularly on Bolivia, where the movement of government tenders and the needs for new renewable generation open up space for technology providers.
“Due to the future need for renewable energy in the next year or two, driven by the oil and fuel crisis the country is experiencing, it is extremely important to have the right products,” he explained.
“Especially in countries with a high volume of tenders, we work very well because we have a broad portfolio, always ensuring a product that fits the requirements of each tender,” he added.
In this context, Astronergy seeks to cover everything from distributed generation to large-scale power plants through a portfolio differentiated by power, dimensions and efficiency , part of which it exhibits during The smarter E South America.
The Astro N7 family includes modules ranging from 605 W to 670 W , with dimensions between 2.2 and 2.3 meters long by 1.1 meters wide. The chosen configuration depends primarily on the market segment and the specific characteristics of each project.
For floor-standing installations, the company also introduced the Astro N8 Pro 760W , a larger and heavier module designed to meet the needs of utility developments.
China, prices and the new technological benchmark for 2027
The Latin American scenario will also be conditioned by the regulatory changes planned in China for the photovoltaic industry during 2027 , due to the weight of the Asian country on manufacturing and the global supply chain.
The new regulations will raise the technological standards of modules produced in the country. Among the parameters set are efficiencies exceeding 23% and power ratings of 630 W , in a context of overcapacity and pressure on manufacturers.
For Astronergy, the transition will involve a natural elimination of certain technologies: "We naturally assume that certain low-efficiency panels will cease to be manufactured next year."
The interviewee recommends that Latin American actors closely follow the policies and regulations of the Chinese government , given that the decisions made in that market end up influencing technological availability, manufacturing conditions, and international prices.
Despite the regulatory change, Morera does not expect a drastic variation in module prices when comparing August 2026 with August 2027. The company anticipates moderate fluctuations in the coming months: “ We believe the market has already absorbed and adjusted its prices in anticipation of this future Chinese regulation .”
Even under these new conditions, photovoltaic technology remains competitive. In Brazil, the levelized cost of solar power generation is approximately $37/MWh, compared to $36/MWh in China , according to IRENA data included in the provided industry materials.
Profitability and guarantees against the war on volume
The international context of oversupply and pressure on margins also conditions Astronergy's corporate strategy.
“Our main goal is not to be number one in sales volume at any cost, but to be the most profitable company in the sector,” the executive emphasized.
Planning takes on particular importance in a market where, according to Morera, there are competitors who market high volumes without necessarily registering profits or earnings .
According to the executive, this situation shifts the discussion from immediate price to each supplier's ability to uphold their warranties in the long term. The company's products have a 30-year warranty , so the manufacturer's financial stability becomes part of the financial and technological analysis of the assets.
Modules up to 760W to capture utility growth
The composition of demand varies significantly across Latin American markets. Brazil currently has the highest demand for low-power panels , primarily for residential, rooftop, and distributed generation applications.
Peru and Ecuador show a different configuration. In these Andean markets, Astronergy identifies activity at both ends: distributed installations and utility projects that require modules above 700 W or high-efficiency solutions like the Astro N7 Pro .
“Our priority is to sell at prices that are commercially viable and healthy for both the EPC contractor and the investor, as well as for us as manufacturers, guaranteeing our viability to support projects for 30 or 50 years,” Morera concluded.
With Brazil opening up space for storage and new generation utility, Bolivia mobilizing tenders and China raising technological requirements for module manufacturing , Astronergy seeks to take advantage of the different Latin American demand fronts with an offer that covers the residential, commercial and industrial segments and large power plants, with powers that reach 760 W.